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Cantel Medical's Mar Cor Purification Subsidiary Acquires Hemodialysis Water Business from Siemens' Water Technologies Business Unit
Date:3/25/2013

LITTLE FALLS, N.J., March 25, 2013 /PRNewswire/ -- CANTEL MEDICAL CORP. (NYSE: CMN), through its Mar Cor Purification subsidiary, has continued the expansion of its water purification and filtration unit with the purchase of the hemodialysis water business from Siemens' Water Technologies business unit. With approximately 600 dialysis customers in the United States and Canada and 2012 revenue of approximately $9 million, this acquisition significantly expands Mar Cor Purification's North American footprint. The acquisition is expected to be slightly accretive to Cantel Medical's earnings per share in fiscal year 2013 and beyond.

Curtis Weitnauer , President and CEO of Mar Cor Purification, stated, "The acquisition of the Siemens hemodialysis water customer base enables Mar Cor to realize increased efficiencies from our existing field service operations while also expanding our footprint into new geographies.  With this geographic expansion, Mar Cor will further improve its ability to service its large national customers.  We look forward to continuing to provide our unique dialysis products and services to our new and existing customers."

Cantel Medical's President and CEO, Andrew Krakauer , added, "This acquisition strengthens our position as a leading provider of water purification products and services to the dialysis industry.  Our advanced heat-based disinfection water technology coupled with our nationwide service footprint makes Mar Cor the best choice for infection prevention and control to our dialysis customers.   We remain confident that our water purification and filtration segment will continue to demonstrate industry leading performance."

About Mar Cor Purification, Inc.

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SOURCE Cantel Medical Corp.
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